Successful Green Capital Planning for Multifamily Housing

About this Training
Multifamily developer and operator clients tell Blackstone Consulting LLC (Blackstone) that the most uncertain costs they encounter when trying to forecast expenses are real estate taxes and utilities. Blackstone can’t advise clients with taxes, but the good news is there are an assortment of tools and programs available to owners and operators which can assist with forecasting and managing energy and water utility expenses.

Energy efficiency is always a wise investment, however energy capital expenditures (CAPEX) need to be put into context of the hold period for the multifamily asset, the cost of financing/re-financing, and the potential positive impact on the project’s exit cap rate. If you want to learn more about how to put your asset in the best possible position with regard to energy efficiency either at the point of acquisition, asset management, or disposition, this 60-minute training is for you.

Join host Vinnie Viola and presenter Nicole Voudren for an interactive, complimentary webcast that examines the benefits of going green for your multifamily property or portfolio. The webcast will discuss terminology such as what benchmarking is and how it can assist you in identifying candidate properties for green upgrades, as well as low-cost and no-cost upgrades—low hanging fruit– that can improve the bottom line today. With thousands of energy and water assessments conducted and extensive industry knowledge, Nicole will offer effective advice about tools available to make the process easier as well as resources that can be leveraged such as financing programs and utility incentives.

Training Agenda​​
1.Green Capital Planning – Why do I need to do this?
2.Tools – What software or applications are there to help me determine my energy use relative to others?
3.Portfolio Energy Benchmarking and Improvements – Who are the candidates?
4.Single Site Energy and Water Efficiency Measures (EWEMs) – What is worth doing during the hold period?
5.Federal, State and Local Incentives
6.Green Financing Products
7.Timing for Green Improvements – pre financing/acquisition or post?
8.​Summary/Closing/Q&A